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20110701
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, and everything, they give big tax breaks for the oil companies. the big manufacturers. they're taking jobs away from us. and why they think it is best to do that. i need an answer to that, because i work 40 years of my life, and now i'm disabled. and now they're talking about cutting everything. i just don't think -- i've even put my life on the line for this country, vietnam. why they think it's the right thing to do. host: thanks for your call. next up, a comment from hewitt, texas. tony, a republican there. good morning. caller: good morning. how's everybody there this morning? host: it's a little hot both temperature-wise and internally i think here. caller: yeah. you know, we deal with a few facts here this morning. that cut, cap and balance that was passed did two things that everybody just is totally bent out of shape about. one of which is that it would raise the debt ceiling, and we would give that community organizer everything he wanted. it also, at the time, would say that the united states would even have a downgrade in its debt rating. and what do we do? well, you got the presiden
their arguments outside rather than keeping them inside the room. the president wanted the big deal, john boehner it seemed wanted the big deal, and it's very clear that that is not likely to happen. so at this point the president had his press conference yesterday. he said, you know, i'm the grownup in the room here. we each need to give a little on something. he said, by the way, if we don't agree, guess who will sufficiensufficiener? the american people. >> you mentioned spooking the american people. i saw a poll today and i'm sure the white house saw it as well. in it it showed americans are more worried about raising the debt limit than they are about the government defaulting. could the statement by the president be, i don't know, a calculated effort to warn the country, talking about millions who don't get the checks about the severity of this government default? >> absolutely. i think the president is now starting to say, okay, and we're getting a little into the blame game now. okay, if the government defaults, you're not going to get your social security checks and your veterans benefit
. >> thanks molly. >> president obama drawing a big line in the sand today. delivering a fiery weekly address repeating challenge to republicans to act -- to accept higher taxes on the wealthy. peter doocy reports from washington. >> reporter: today is july 2nd. the administration says the debt limit will be reached august 2nd. president obama says to tackle our massive national deficit, tax breaks must be targeted with wasteful spending but nothing is off the table. and it is time the government stars living within its means like families do. >> the president: it would be nice if we could keep every tax break, but we can't afford them. if we choose to keep those tax breaks for millionaires and billionaires or hedge fund managers and corporate jet owners or for oil and gas companies pulling in huge profits, without our help, then we'll have to make deeper cuts somewhere else. >> reporter: the president says anything is possible. most republicans are probably going to disagrees. they will not get behind any tax hike. in the weekly gop address senator coats from indiana says the president shoul
. the president came out and said republicans, you have to do a big deal and by the way, if you are thinking about an interim plan, forget it, i'm not going to do it. >> i found it interesting because he basically said both sides had to get used to some sacrifice. brian, you and i had the debate yesterday on radio whether or not he would have that particular tone. but that's what he said. i found it interesting he said we should attack this right now, although a month ago he wasn't even involved in these talks. you have to ask him why the sudden urgency now. the other question is is that august 2nd deadline, could tim geithner just push that date a little bit more down the road or is that hard and firm? >> well, here is the -- >> it's not going to get easier, it's going to get harder. we might as well do it now. pull off the bandaid, eat our peas. now is the time to do it. if not now, when? i'm prepared to take on significant heat from my party to get something done. and i expect the other side should be willing to do the same thing if they mean what they say. >> it's amazing. yesterday the presid
, this is a debate about our economy, and frankly is a big debate about the future of our country. until recently, the president was demanding that the congress increased the debt limit with no strings attached. as a matter of fact, the treasury secretary sent me a letter two days after we were sworn in demanding that we give him a clean increase in the debt limit. i responded and told the treasury secretary at the american people would not tolerate a clean increase in the debt ceiling unless there was serious spending cuts attached and will reform in the way we spent the american people's money. i went to new york city in may and gave a speech to the new york economic club where i outlined the challenges we were facing and i made it clear that we would not increase the debt limit for the cuts that exceeded that increase in the debt limit and that there would be no new taxes and that there would be serious spending reforms put in place. it is time to get serious. i'm confident that the leaders here in the congress can act, the white house will give serious, we will. >> your own aides say that the
went to that were big money because i grew up in a middle-class home, it cost $22,000 to go, you played tennis and eight food. host: there are pictures this morning that showed a couple of scenes from inside the white house. this is from "the washington post." this is a picture of first lady betty ford and her daughter susan. the description says, "the first lady and daughter susan killed time and the president's office in 1975. in 1980, the pair lost national breast cancer awareness month. mrs. ford became an awareness for early detection. " there's a picture for 1979 and this shows mrs. ford said in a longtime -- alongside liza minnelli and liza minnelli at studio 54. the next one shows mrs. ford, that she was quite the denser and loved to do so. those pictures are all found in "the washington post"this morning. we're talking about the passing of betty ford died yesterday. we are taking your comments and tweets on the subject. new york, republican line, go ahead. caller: good morning. i want to say a few things. i thought betty ford was very innovative and incredibly supportive and sh
. well, yes and no. in their derrick the church was the big power. kings and queens could not move without the permission of the church. nowadays it is big business. when you have big business influence washington, d.c., people like yourself, this is what you are going to get. you cannot have foxes guarding the hen house. host: all right. your response. guest: if you talk about specific tax credits, i think he's right. i don't think it is just big business. i think it is the aarp, i think it is the big labor unions. i think it is everybody. the whole fact is the federal the whole fact is the federal government is too big and it is in areas it shouldn't be. if you read the constitution, you also read the enumerated powers which gives limited powers to the federal government and specifically states everything not listed here is reserved for the people in the states. the reason we have a $3.6 trillion, $3.7 trillion budget, is a trillion and a half of that or more is stuff that's not our responsibility in the first place. sho look, i'm one of the few republicans that stands up and say
it extreme, radical. imagine that. only a big spending washington liberal could think it would be radical to require washington to start living within its means like families have been doing for years. and so frankly american families would say it's about time, welcome to the party. and instead some people think you can just live in this fantasy land where you can keep tax, taxing, spending, borrowing money from china and act like the day of wreckening never is never going to come and kick the -- wrenging is never going to come and kick the can down the road. it's time to say enough is new. we're going to deal with our problems nod. we're going to set priorities today and do the tough things people sent us to do and that means cutting, capping and balancing the federal budget. i yield back. the speaker pro tempore: the gentleman's time has expired. without objection, the gentleman from maryland is back and is recognized. mr. van hollen: thank you, mr. speaker. again, the choice is not whether we put in place a plan to reduce the deficit and balance the budget. the issue is how we do that.
in transforming themselves, she's one of the big reasons why. please help me in welcoming to the stage, liz schuller. [applause] >> thank you. all right. thank you, barry, for the introduction. and i'd like to think raj for raising the bar. thanks a lot for the rest of us and not those creative messaging tools that we all need to address inequality. i wish i would have heard her before my speech. so why am i here as part of this panel? the whole point of what i want to talk to you today is the power of collective action and how it could counter the rise in inequality and how unions fit into that picture. now, when i think about inequality, especially, as of late, i think about those teachers in wisconsin, construction workers in ohio, nurses in new hampshire, who have been locked out and denied their basic rights to collective bargaining. we've seen what it looks like the state capital in wisconsin and we show you now what's happening in office buildings all across this country. ♪ >> here's to america's workers. when the economy was down, they sacrificed. during tough times when executive
to be an american? not a big change when president obama came to office. what does that say to you? guest: remarkable continuity about something that is very important in defining this as a people. it does not seem to matter whether we have a democratic or republican president. we are patriotic nonetheless. host: james, pittsburg, republican line. caller: my comment is that you have to poll the younger crowd and they are the strongest and the fastest and most easily -- and it is easier for them to take in all the information they have take in. they are more alterable to become a soldier and not many of them are politically savvy. once they get into the war, they are generally -- most of the men i know that have come back especially from this war and from vietnam, they speak to the fact that they were fighting for its other. host: we will leave it there. guest: that is true. men who have had that experience in war talk about it that way. they also love their country. one of the things we see, it's a hard thing to take polls of soldiers because it's tough to do. but when you do, they are ve
're now at the president's big deal target, which we're not going to meet under the gang of six or any of the other constructs around here, cancel the social security tax holiday, borrow the money one more year, invest it in infrastructure, put millions to work, when those millions go to work, they'll be paying taxes, that'll reduce the deficit by about another quarter. we solved 3/4 of the problem without killing programs essential to the american people and without cutting taxes on the job creators. the gang of six is proposing that billionaires should see their taxes cut by about 25% or 30% that will help us balance the budget. time to get back to the real world and out of "alice in wonderland." the speaker pro tempore: the gentleman's time has expired. the chair recognizes the gentleman from pennsylvania, mr. thompson, for five minutes. mr. tompson: thank you, mr. speaker. since 1947, every august, the little league baseball world series is held in pennsylvania within pennsylvania's fifth congressional district. each year, little league international recognizes little league gradua
supporting the money people. all those are the owners of the big corporation and moving away from this country and taken to places where they don't pay no taxes. they pay lower salary. nothing for the working people. they take their jobs and put the food on the table of the other country. we have to stop that. we have to stop that. we have to get rid of that bunch of bandits out there. host: all right. we've got the point. remind our viewers coming up grover norquist will be here followed by the chairman of the congressional caucus. representative whip announced wednesday, he'll marshal democratic votes. >> how do you think the presidents are handling the debt talks? caller: i think they are handling it well for the most part. they are not willing to throw the middle class under the bus. right after this conversation you'll have grover norquist. they don't want to negotiate. how do you just default on the country. i don't understand the average american people standing up for them. all they are working for is corporation. i will never understand how so many of them got in. you ca
, vote for this amendment. mr. president, how big is this scheme? well, here's what our own permanent subcommittee on investigations has told us: "experts have estimated that the total loss to the treasury from offshore tax evasion alone approaches $100 billion per year, including $40 billion to $70 billion from individuals and another $30 billion from corporations engaging in offshore tax evasion. abusive tax shelters add tens of billions of dollars more." mr. president, you want to lock in these abuses? you prefer to pay more in taxes yourself so that people can engage in these scams? vote for this amendment. vote for the legislation that's before us. vote for what is on the floor because you'll protect them forever more. mr. president, i end as i began. this is perhaps the most ill-conceived, ill-considered, internally inconsistent legislation that i have ever seen in my 25 years in the united states senate. i hope my colleagues have the wisdom to vote "no." i thank the chair and yield the floor. the presiding officer: the senator indiana. mr. coats: mr. president, i just would lik
social security, you don't get a penny of it. every penny of that goes into the big pot and it's distributed to everyone else. anybody who dies to young, all of their money has been wasted. it is just going into the government pot. the second thing you have to know, is if you save up to much, when you start receiving it, you get taxed on it again. if you get taxed on social security when you are your money what you are working and then after you start receiving it, if you save up to much because you were worried about it, you get taxed on it again. it gets added to whatever income you have from your savings. host: do you think private savings accounts, that your social security should be yours when you pay in, you should be booked to get or keep or transfer? caller: i certainly do. that is why i voted for president bush to the second time around. i did not agree with him for very much but i agree with him on that point. people should have their names on their accounts and what ever they put into it should belong to them. so even if they die when their 50, that money goes to the
boehner has proposed. boehner has a pretty big job on his hands of maintaining that republican unity that we have seen so far at a time when democratic kennedy is coalescing because of anger over how these talks have gone. host: alexander blogging, thank you. our question this morning is, with the debt limit is affecting more financial decisions. let's go to cleveland, ohio on the democratic line. caller: good morning. host: is it affecting your financial decisions? caller: at this point, no permit but i am living on a fixed income. i am very much worried about whether or not this debt limit will be raised or not to coz i know the treasury department is going to have to make some decisions if it is not raced. i am confident social security recipients will receive their cash benefits. i am also confident those who are desperately in need of their money will receive their benefits. i am confident president obama and the democratic party are going to look out for the needy but i am highly unsettled about what is going on. mr. bolton made the fact that i do not think this debt limit is s
. >> the problem with a mini deal is we have a maxi problem. and the big problems aren't going to go away if you cut a mini deal. it just delays the moment of truth. i would say better noun then, but if we can't we'll take the savings we can get now and relitigate this as we get closer to the election. >> reporter: he also talked about concerns that people have that the president will bypass congress all together and just raise the debt level on his own. we'll have a fair & balanced debate on why some democrats say that may be their best option. that is coming up. also republicans who are running for president being asked to sign a strict commitment to reducing our debt. this is called the cut, cap and balance pledge, and those who don't sign their names are feeling the heat. doug mcelway is live in washington with 0 more on that. >> reporter: you're going to be hearing a lot about this plan to cut, cap and balance as the senate resumes its work tomorrow after the july 4th holiday. you'll probably hear a lot about it as the republican primary season heats up as well. some pundits say it may prov
, was part of another big debate over federal spending. and out of that came the graham-hollings legislation. we talked to him on camera. here's just a clip of his comments on washington today. >> nothing gets done. the atmosphere is the game. the game is re-election. you've got to get the money for re-election. in other words in 1998, 12 years ago, i had to spend -- i had to raise, excuse me, $8.5 million. now, $8.5 million is $30,000 every week, each week for six years. it's not just raising money the year ahead. it's raising it for all six years. and you're raising it not only for yourself because your colleagues will help you, the committees will want to keep that seat. so when your time is up. so you are always out there raising money. and the name of the game is make no mistake, play the fence when you get back to washington. got no idea of paying the bill. they haven't paid the bill for 10 years. host: fritz hollings will be 90 later this year. expressing his frustration. he's part of the many voices we will include in our "charleston weekend" on "book tv" and "american history tv." a
abduction is very big. that is why we know about the case the anthony case and trial. what are we trying to accomplish? are we trying to feed a market and have our cameras in the courtroom to satisfy the public. the purposes are you going to get to the right place. if you're concerned about transparency and secrecy, everyone has mentioned a variety of things that need to happen. we have did be really careful about there is cameras in the court room which is really about transparency. >> we should not ignore the demise of the traditional newspaper and the beat reporter. he is long gone. before long, newspapers will be gone. >> are the speakers on in the aisles? the microphones. we will find a good question out there for the panel. you need to go for a microphone and make sure they are on. >> maryland is the only state that has an absolute statued -- statutory bar on the protests coverage of criminal trials. the antecedent of that was a case in the 1920's presided over by a famous judge. the advantage of an absolute bar is found in the fact that same and money are hydraulic courses. once a
this from the beginning. it's an intriguing day. >> this is, it's a big day. >> dave: let's start with the defense. what can they do? is there anything they can stress that would perhaps save her life? is there any chance of a not guilty verdict in your opinion? >> i don't think there's any chance of a not guilty. i think the best they can do is to save her life. the defense made outrageous claims in opening, but went the other way with their defense and helped the prosecution and sputtered to the close and the rebuttal is the final knockout punch. >> clayton: is there enough for the death penalty? that seems to be the question. because premeditation is ultimately the linchpin and maybe that's taken off the table. >> i don't think so. although it isn't a sure fire went for the first degree. what happened here, i think, what you're going to have is that if jeff ashton, if he puts this together in the right way for the jury and really kind of shows them what they can disregard and why, i think they still have a great chance because the biggest thing for the first degree murder conve
they weren't going to pay their taxes? of course they'd be in big trouble. and the senate is not in trouble but the country is in trouble because the senate is not doing its job and neither the house nor the senate did its job in the last congress for the first time ever and that's how we go into three years since we had a work document that we should have to work with. and what do we do this week? the disappointment to all three of us is we said we wanted to stay this week and deal with these issues. we started out trying to deal with the libya resolution which apparently wasn't important enough to deal with last thursday when we were going to take a week to work in our states. and then when people on the republican side said we really think we ought to be debating the reason we were supposed to stay, we still don't do that. we have this amendment -- i think it was supposed to be and is a sense of the senate that millionaires aren't paying enough taxes. now, we all understand -- we all understand the politics of that, just like we understand the politics of no accelerating depreciation for
that republicans are making a big deal about the debt ceiling increase because they want to be able to spend taxpayer dollars without ever having to check or balance to ask if that spending is necessary. enough is enough. it's time to end this irresponsible spending. families in southwest missouri cannot spend 42% more than they take in and neither should the federal government. i came to washington to stop spending and abuse of government. that's why i'll fight this debt ceiling increase without a serious plan to reduce our debt. and the people of southwest missouri agree with me. i have hundreds of phone calls and emails and messages in my office about the debt ceiling. it is something the people of the 7th district feel strongly about and i want to share their thoughts with you. 51% of the calls and letters to my office say don't raise the debt ceiling under any circumstances. 26% say raise it with substantial cuts. 10% are ok to raise it whatever. and 10% say you can raise it but do not increase taxes. the people have spoken. there is an old saying that if you owe the bank $1,000 that's
round table, a small business owner told me, quote, the government is out of control, it's too big and i don't like it, closed quote. well, i don't like it either and it's costing our country jobs. it's time for washington to do what's right. we need to make the tough choices necessary to get our nation's fiscal house in order. no one said it would be easy, but it is certainly necessary. the legislation before us will end unsustainable spending and put this nation back on a fiscal path. i urge my colleagues to support it. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from maryland continue to reserve? mr. van hollen: i reserve. the speaker pro tempore: the gentleman from new jersey. mr. garrett: regarding what sort of amendment that thomas jefferson may have been looking for today whether we would be looking for in what we call a super majority or what have you, jefferson would be going even further than what we are doing here today and say that congress should not have the ability to borrow at all. the amendment we are putting fo
tax cuts in 2001 and 2003 to the wealthy and big corporations, the so-called job creators, didn't create jobs in the private sector. indeed, only one million net new jobs were created between 2001 and 2009. all government jobs. the private sector reported minus 600,000 jobs. so much for giving tax breaks to the private job generators. some argue against all debt, but all debts aren't bad because all debts are not the same. a $50,000 gambling debt is bad because it has no return. the last decade shows that gambling on tax cuts for the rich to create jobs was bad. gambling on two wars and not paying for them was bad. gambling on a new prescription drug law that was unpaid for was horrible. and gambling on unregulated financial institutions that failed was bad. and they resulted in a housing market collapse, slow economic growth, high unemployment and huge deficits and debts, all bad. so i think we gambled enough on the theory that budget cuts and tax cuts generate private sector jobs and more taxes. the l-a-f-f-e-r is truly a laffer. republicans are right, we do have speaning prob
, adding jobs, and creating new opportunities. we are not seeing that, in part, because of the big overhang of foreclosed homes, which are weighing on prices. it is a vicious circle. people do not want to buy because prices are falling and prices are falling because people do not want to buy. there are a number of things we are doing. we are keeping mortgage rates globe. -- keeping mortgage rates low. this works to try to modify mortgages. i think it is worth looking at that area. one area where more work needs to be done is housing finance. we have not begun to clarify for the market out housing finance will be conducted in the future. another area i suggest he might think about is the overhang of distressed houses. for example, fanny, freddie, and the bank's own about half a million homes right now, which are basically sitting there on the market and which are pressing down prices and reducing appraisals and making the housing market much weaker than it otherwise would be. that is another area to look at. i agree with you that the housing market is, in some sense, the epicenter of the pro
the national debt or we can allow big spenders to lead us further down the road of chronic deficits and leave our children and grandchildren saddled with debt that is not our own. the choice is ours. the stakes are high. failure is not an option. the speaker pro tempore: the chair now recognizes the gentlewoman from wisconsin, ms. moore. for five minutes. ms. moore: thank you, mr. speaker. i ask unanimous consent to be able to add extraneous material. the speaker pro tempore: without objection, so ordered. ms. moore: mr. speaker, i had breakfast this morning. i had granola and yogurt, a little fruit, egg and bacon sandwich, and i'm feeling irritable because i didn't have my coffee. and i'm looking forward to a delicious lunch that i planned at about noontime. but in the meantime, on the horn of africa, 11 million people are facing starvation and not because they're lazy people or unworthy people but because they're suffering from the biggest drought that they have seen in 60 years, because they're experiencing flooding, because there are people who stepped away from the loving care that we us
's right to exist, renouncing terrorism and abide big previous agreements. and just as the u.s. should not support a palestinian government whose very composition is anathema to peace, so too it should not support an easyall terntive to negotiations. that's why i introduced a resolution to cut all funding to the u.n. general assembly should it vote to recognize a palestinian state in direct contravention of the charter. true peace will only be made between two peoples, israelis and palestinians, not the 191 orr members of the yen assembly. israel, like the united states, welcomes those who would make peace even as it fights those who would make war. time and again, israel demonstrated its commitment to a palestinian tate living as its neighbor in peace and security. but there are no short cuts on the path to this outcome and there's no getting around the hard con segs that have to be made. the u.s. must now stand with israel and against those who would obstruction rather than advance the cause of peace. i urge me adoption of this resolution and i yield back the balance of my time. the
Search Results 0 to 26 of about 27 (some duplicates have been removed)

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